FPL Preps Updated FAST Spec

These include techniques such as "enumerating" data that is currently represented by alphabetical characters-i.e., changing letters into numbers-says Rolf Andersson, joint chairman of the working group and chief executive of Stockholm-based consultancy Pantor Engineering, which originally developed FAST with Chicago-based data vendor SpryWare.

For example, current versions of FIX and FAST describe instrument types based on ISO Classification of Financial Instrument (CFI) standards, which are repr